1360 W Belt Line Rd - Retail FOR SALE
Lancaster, TX 75146 |
$2,181,818 USD
214-380-3670
NO PHOTO
$2,181,818 USD
Retail - FOR SALE
null | 5.5% Cap Rate
1360 W Belt Line Rd
Lancaster, TX 75146
HIGHLIGHTS
- Rare Self-Maintain Lease – Starbucks Handles All Day-to-Day Maintenance, Providing for a Unique, Passive Starbucks Investment.
- 10% Rent Increases Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation.
- Corporately Guaranteed Lease by Starbucks Corporation (NASDAQ: SBUX) with an S&P Credit Rating of BBB+.
- Iconic Global Brand – Starbucks is the Second Largest Fast-Food Chain in the World and the Largest Coffeehouse in the world.
- Brand New Construction, Pride of Ownership Asset Featuring Starbucks Latest Prototype Design – a Modern and Aesthetically Pleasing Property.
- Equipped with a 15 Car Stack Drive-Thru Situated on a Sizeable 0.756-Acre Parcel with Ample Parking.
FOR SALE DETAILS
PRICE
$2,181,818 USD
PRICE/SF
$1,079 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.75 AC
LAND SF
32,647 SF
ZONING
-
APN/PARCEL ID
364244700A0030000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-380-3670
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-380-3670
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.